Maxim Surges to New Highs

Maxim Integrated Products (MXIM) is reaching new 52-week highs today on heavy trade. Positive comments from Credit Suisse are fueling the move, which is lifting shares more than 7%.

A day after Maxim released its third-quarter results, analysts at Credit Suisse raised their price target and estimates for the broad-line semiconductor company. The stock gained 1% ahead of last night's report with the help of accelerating trade. Today's impressive follow-through action, which began with a powerful gap higher, has moved shares into breakout mode....318 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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